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A graduate level curriculum was introduced in 1924. It was renamed Bihar College of Engineering in 1932. In 2004 the government of India upgraded the college to National Institute of Technology (NIT) status, as the state of Bihar had lost its only Regional Engineering College (REC), located at Jamshedpur, when Jharkhand was carved out of Bihar ...
The National Institutes of Technology (NITs) are centrally funded technical institutes under the ownership of the Ministry of Education, Government of India.They are governed by the National Institutes of Technology, Science Education, and Research Act, 2007, which declared them institutions of national importance and laid down their powers, duties, and framework for governance.
In Greece there are no tuition fees as Bachelor-level higher education and some Master-level post-graduate education is provided for free to all Hellene (Greek) citizens as a benefit of citizenship paid by taxes. Universities accept students who have excelled at high school, with the selection being done through the Panhellenic Examinations, a ...
A stipend is a regular fixed sum of money paid for services or to defray expenses, such as for scholarship, internship, or apprenticeship. [1] It is often distinct from an income or a salary because it does not necessarily represent payment for work performed; instead it represents a payment that enables somebody to be exempt partly or wholly from waged or salaried employment in order to ...
Graduated payments are repayment terms involving gradual increases in the payments on a closed-end obligation. A graduated payment loan typically involves negative amortization, and is intended for students in the case of student loans, [1] and homebuyers in the case of real estate, [2] who currently have moderate incomes and anticipate their income will increase over the next 5–10 years.
A payment in lieu of taxes, abbreviated as PILT or PILOT, [1] [2] [3] is a payment made to compensate a government for some or all of the property tax revenue lost due to tax exempt ownership or use of real property.
Scam letter posted within South Africa. An advance-fee scam is a form of fraud and is a common confidence trick.The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster claims will be used to obtain the large sum.
A graduate tax might raise more money for universities over the long term than capped tuition fees, depending on the level of the cap. [3] David Greenaway, a critic of a graduate tax admits that an "obvious attraction" of such a tax is that it is levied only on graduates, the immediate beneficiaries of higher education. [35]